RE:Almost closed at 16 today.....This could be a possbility, the debenture holders can be forced to covert debt for shares and they lose the interest payments. it made it 7 days before small trades at end of day knocked it down
From MDA
the Company has a right of forced conversion with respect to the principal where the trading price of the Common Shares exceeds C$0.15 for 10 consecutive trading days;